Daily price is located below Ichimoku cloud for the bearish market condition: the price is on ranging within 124.16 resistance level and 121.47 support level waiting for the bearish trend to be continuing or to the bullish reversal to be started. If D1 price will break 121.47 support level on close bar so the primary bearish trend will be continuing. If D1 price will break 124.16 resistance level so the bullish reversal will be started. If not so the price will be on ...
EUR/JPY: bearish breakdown. Daily price is on bearish market condition located to be below Ichimoku cloud: the price broke some key resistance level for the good breakdown which was stopped by 122.53 and 122.02 support levels. Chinkou Span line broke the price to below for the breakdown to be continuing, and Absolute Strength indicator is estimating the bearish trend in the near future. There are the following news events which will be affected on EUR/JPY price movement for the week ...
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